Mexico’s inflation fell to 3.37% in June 2026 and remittances grew 4.2%, but Banxico kept rates at 6.50% and pushed its inflation target to Q4 2027.
Mexico Week
Key Facts
—Inflation. Annual CPI fell to 3.37% in June 2026, the lowest reading since December 2020.
—Remittances. Inflows rose 4.2% year-on-year in June 2026, rebounding after a 4.6% drop in 2025.
—Rate Decision. Banxico held its policy rate at 6.50% on August 6 and pushed its 3% inflation target to Q4 2027.
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